TripAdvisor
TRIP
401 hedge funds and large institutions have $10.2B invested in TripAdvisor in 2015 Q1 according to their latest regulatory filings, with 62 funds opening new positions, 142 increasing their positions, 144 reducing their positions, and 77 closing their positions.
12% more capital invested
Capital invested by funds: $9.1B → $10.2B (+$1.12B)
1% less repeat investments, than reductions
Existing positions increased: 142 | Existing positions reduced: 144
5% less funds holding
Funds holding: 422 → 401 (-21)
12% less call options, than puts
Call options by funds: $129M | Put options by funds: $146M
19% less first-time investments, than exits
New positions opened: 62 | Existing positions closed: 77
27% less funds holding in top 10
Funds holding in top 10: 11 → 8 (-3)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
JSP
Jackson Square Partners
Larkspur,
California
|
+$442M |
| 2 |
Bank of New York Mellon
New York
|
+$210M |
| 3 |
EC
Eminence Capital
New York
|
+$192M |
| 4 |
Brown Advisory
Baltimore,
Maryland
|
+$184M |
| 5 |
Macquarie Group
Sydney, NSW 2000,
Australia
|
+$150M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Fidelity Investments
Boston,
Massachusetts
|
-$173M |
| 2 |
OTPPB
Ontario Teachers' Pension Plan Board
Toronto,
Ontario, Canada
|
-$145M |
| 3 |
Jennison Associates
New York
|
-$140M |
| 4 |
TCM
Tybourne Capital Management
Hong Kong
|
-$87.6M |
| 5 |
Massachusetts Financial Services
Boston,
Massachusetts
|
-$80.1M |
TRIP Hedge Fund Activity: Q1 2015 in Review
401 of the 3,752 institutional investors tracked by Wall St. Rank reported a position in TripAdvisor (TRIP) for Q1 2015, worth a combined $10.2B — up 12% from $9.1B a quarter earlier.
Sellers outnumbered buyers: 77 funds closed out of TRIP and 62 opened new positions — a net loss of 15 holders — while 144 trimmed existing stakes and 142 added.
The largest buyer was Jackson Square Partners, opening a new position worth an estimated $442M. The largest seller was Fidelity Investments, cutting an estimated $173M.
- 401 institutional investors held TripAdvisor (TRIP) as of Q1 2015, down from 422 in Q4 2014.
- Funds reported $10.2B of TripAdvisor stock for Q1 2015, up 12% quarter-over-quarter.
- 62 funds opened new TripAdvisor positions in Q1 2015 and 77 closed out, a net change of -15 holders.
- The largest TripAdvisor buyer in Q1 2015 was Jackson Square Partners, an estimated $442M added.
- The largest TripAdvisor seller in Q1 2015 was Fidelity Investments, an estimated $173M sold.
Based on aggregated 13F filings for Q1 2015.